Ikegami Tsushinki Balance Sheet Health
Financial Health criteria checks 5/6
Ikegami Tsushinki has a total shareholder equity of ¥13.7B and total debt of ¥7.8B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are ¥30.6B and ¥16.9B respectively. Ikegami Tsushinki's EBIT is ¥795.0M making its interest coverage ratio 13.3. It has cash and short-term investments of ¥7.0B.
Key information
57.1%
Debt to equity ratio
JP¥7.81b
Debt
Interest coverage ratio | 13.3x |
Cash | JP¥7.02b |
Equity | JP¥13.69b |
Total liabilities | JP¥16.93b |
Total assets | JP¥30.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6771's short term assets (¥25.5B) exceed its short term liabilities (¥12.4B).
Long Term Liabilities: 6771's short term assets (¥25.5B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 6771's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 6771's debt to equity ratio has increased from 44.9% to 57.1% over the past 5 years.
Debt Coverage: 6771's debt is well covered by operating cash flow (37.8%).
Interest Coverage: 6771's interest payments on its debt are well covered by EBIT (13.3x coverage).